Stocks in Focus on November 8, 2019: SAWAD and JMT

Stocks in Focus on November 8, 2019: SAWAD (Maybank Kim Eng TP ฿65.00/share) and JMT (Krungsri Securities TP ฿24.00/share).

Kaohoon Online has selected stocks with a potential of high growth for investors to consider on November 8, 2019.

Maybank Kim Eng has made a recommendation on Srisawad Corporation Public Company Limited (SAWAD) with a target price at ฿65.00/share.

Maybank expects core earnings to make a new high in 3Q19 both YoY and QoQ due to +24% YoY in loan portfolio combined with branch expansion. The earnings are likely to continue making a new high in 4Q19. Moreover, being listed in the MSCI Global Standard should be near term catalyst.

 

Krungsri Securities (KSS) has given a “BUY” recommendation on JMT Network Services Public Company Limited (JMT) with a target price at ฿24.00/share.

KSS expects JMT’s earnings will continue to hit new highs in the following quarters as debt collection revenues will rise along with a growing debt portfolio. The current portfolio under management stands at Bt140b, sufficient to support revenue in the next 12 years. Also, JMT will be added to the MSCI Global Small Cap Index.